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Around The Block: November 17 Week in News

by BlockNews.com Team
November 18, 2023
in Breaking News, Business, Crypto, DeFi, Featured, Metaverse, NFT
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Around The Block: November 17 Week in News

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In this recap of the crypto world, we will explore the events and news that had the most significant impact in the past week of Nov 13. Our focus will be on the following developments:

●       Disney x Dapper Labs

●       Chiliz x Animoca Brands

●       MadLads Outshining Blue-Chip NFT Projects

●       Ubisoft Announces its Official Entry into Web3 with a Free Mint

Disney x Dapper Labs

Disney is stepping into uncharted territory with its latest endeavor—a partnership with Dapper Labs, the brains behind NBA Top Shot. Together, they are set to launch Disney Pinnacle—a platform that aims to capture the essence of Disney’s iconic characters through pin-inspired digital collectibles.

Inspired by the tangible pins that Disney enthusiasts collect and trade at theme parks, Disney Pinnacle seeks to replicate the thrill in the digital world. These pin-inspired NFT collectibles will be minted on the Flow blockchain, the same network that powers popular platforms like NBA Top Shot and NFL All Day.

Initially, the platform is said to include characters from Disney, Pixar, and Star Wars, aiming to construct a digital collection that resonates with fans across generations. Notably, Marvel characters are not mentioned for the initial launch, leaving room for potential expansion in the future.

As of now, Disney Pinnacle is in the early stages of its journey, with the platform currently accepting waitlist signups. The gradual onboarding of users in the beta phase will allow for testing and refining the platform before a full public launch. Although no specific timeline has been disclosed for the official rollout, the anticipation surrounding the project is undoubtedly building. Read more on this here.

Chiliz x Animoca Brands

In a significant development for the world of decentralized sports and entertainment, Chiliz, the powerhouse behind SportFi, has proudly welcomed Animoca Brands into its blockchain network. This collaboration marks a pivotal moment in the decentralization of Chiliz Chain governance, reinforcing its position as a leading blockchain infrastructure for the sports and entertainment industry.

In this collaborative effort, Animoca Brands has acquired an undisclosed amount of $CHZ tokens and is set to become a validator for the Chiliz Chain. This move not only bolsters Animoca Brands’ influence but also positions the company as a trailblazer in shaping the trajectory of the Chiliz SportFi ecosystem. With a history of blockchain innovation in gaming and digital entertainment, Animoca Brands’ strategic pivot towards the sports sector resonates seamlessly with the overarching vision of Chiliz.

This groundbreaking collaboration not only facilitates Animoca Brands’ integration into Chiliz’s thriving ecosystem of elite sports brands but also marks a significant moment for both entities in pioneering Web3 applications centered around sports. Partnerships like these enable Chiliz to further solidify its position as the primary blockchain infrastructure for the sports and entertainment industry. Read more on this here.

MadLads Outshining Blue-Chip NFT Projects

Solana’s MadLads collection has emerged not just as a contender but as a force to be reckoned with, orchestrating a dramatic surge in its floor price. The catalyst for this unprecedented rise lies in the announcement of the “Backpack Exchange,” which has propelled MadLads into the spotlight, surpassing even established projects on the Ethereum blockchain.

With the announcement of the Backpack exchange launch, the company appointed Can Sun, former FTX general counsel, to lead the exchange, resulting in a record-breaking surge in Mad Lads’ price. Immediately following the initial announcement of the exchange release, the collection’s value surged by as much as 19 SOL. Subsequently, the floor price has consistently climbed, reaching an all-time high of over 100 SOL, nearly doubling the previous peak value in USD for MadLads before November.

The Backpack Exchange marks a substantial step forward in the project’s ecosystem. With influential names joining the ecosystem and holders being granted exclusive access to major initiatives, the community stands at the brink of a monumental development. As we witness this extraordinary ascent, MadLads beckons us to contemplate the limitless possibilities that lie ahead, reminding us that in the dynamic world of crypto, innovation knows no bounds.

🚨 NEWS: You will NEVER catch everything in Web3.

Here, let me help you:

Below are 10 top stories from this week in under 60 seconds 👇 pic.twitter.com/RXXPKIfO3A

— BlockNews.com (@blocknewsdotcom) November 17, 2023

Ubisoft Announces its Official Entry into Web3 with a Free Mint

Ubisoft, a titan in the gaming industry, has officially made its foray into the Web3 landscape, unveiling Champions Tactics—a strategic player-versus-player (PVP) RPG game set to redefine the gaming experience. Champions Tactics distinguishes itself by offering players the unique opportunity to construct their own teams and partake in strategic PVP battles.

The latest development in this groundbreaking venture is the announcement of a free NFT mint tied to Champions Tactics’ first collection—The Warlords. This pixelated PFPs collection is scheduled for release in Q4 of 2023 and will be available for users to mint for free. The collection is set to launch with the distribution plan outlined as follows:

  • Treasury – 999 Warlords
  • Partnership – 1,000 Warlords
  • Mint – 8,000 Warlords available for the community

Moreover, any unclaimed Warlords at the end of the mint will be stored in the Treasury Vault for future community rewards.

Champions Tactics is poised to be a standout game with its impressive graphics and diverse gameplay system. Scheduled for an early 2024 PC launch, the game is generating excitement within the NFT community, with high expectations fueled by Ubisoft’s track record of delivering quality in their past projects. Read more on this here.

Tags: Around the BlockBitcoinBlockchainBusinesscryptoWeb3
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